New Market is a town located in Frederick County, Maryland. New Market has a 2025 population of 1,629 . New Market is currently growing at a rate of 1.24% annually and its population has increased by 6.75% since the most recent census, which recorded a population of 1,526 in 2020.
The average household income in New Market is $213,590 with a poverty rate of 0.88%. The median age in New Market is 34 years: 35.9 years for males, and 31.5 years for females. For every 100 females there are 100.0 males.
Data after 2023 is projected based on recent change
The racial composition of New Market includes 81.55% White, 5.35% Black or African American, and smaller percentages for Asian, other race and multiracial populations.
White (81.55%)
Two or more races (10.39%)
Black or African American (5.35%)
Asian (2.33%)
Other race (0.38%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 1,295 | 81.55% |
| Two or more races | 165 | 10.39% |
| Black or African American | 85 | 5.35% |
| Asian | 37 | 2.33% |
| Other race | 6 | 0.38% |
Married
Widowed
Divorced
Separated
Never Married
New Market's average per capita income is $107,273. Household income levels show a median of $198,080. The poverty rate stands at 0.88%.
Name | Median | Mean |
|---|---|---|
| Married Families | $201,813 | - |
| Families | $200,550 | $226,745 |
| Households | $198,080 | $213,590 |
| Non Families | $49,444 | $111,316 |
Average Income
Median Household Income
Poverty Rate